Today we’re going to see how you can prepare your finances so you can buy a house without going broke! Things are about to get hectic around here. We just heard from our neighbor that the developer is going to start building the townhouses across the street from us starting next week. Buying a House […]
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Ron Lieber, NYTimes money columnist and author of The Opposite of Spoiled, discusses how to raise
Talking About Money with Our Kids
Whether we plan to or not our kids will pick up their financial habits based on what we say and do around them.
We can look back at our parents and get an idea of how they shaped us. So how can we make sure we’re giving our kids a good start with money?
We get into:
- whether allowances should be tied to chores
- how parents can encourage gratitude
- how early you can begin with financial foundations
Hope you enjoy!
Resources and Links from the Episode
If you want to learn more, I highly recommend that you check out The Opposite of Spoiled as it does a thorough job of tackling some of the trickier situations of raising a financially savvy kid.
You may also want to check out:
- Too Young for Finance? Think Again – Elmo and Lieber discussing the difference between needs vs wants
- Lieber’s columns at the
- Why You Should Tell Your Kids How Much Money You Make
Thank You to Our Partners
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Thoughts on Raising Money Smart Kids
I’d love to hear from you – what are some of your child’s biggest money questions? How have you talked to them about your values and money?